SEC Commissioner Hester M. Peirce called for a fundamental overhaul of US financial surveillance laws, warning that outdated legal doctrines and sweeping data collection programs are increasingly incompatible with the Constitutional right to privacy.
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The US Court of Appeals for the Second Circuit vacated a conviction for wire fraud and money laundering involving the use of confidential information to trade non-fungible tokens.
A federal court extended a stay in the proceedings of a lawsuit brought by several banking industry groups challenging the Federal Reserve's ("FRB") "lack of transparency" in the stress testing process.
The Texas State Securities Board ("TSB") set aside an Emergency Cease and Desist Order issued by the Texas State Securities Commissioner over the sale of a digital asset.
The SEC’s Chief AI Officer, Valerie Szczepanik, will lead a new task force focused on advancing the agency’s use of AI.